Current with changes from the 2024 legislative session through ch. 845
Section 64.2-708 - Others treated as qualified beneficiariesA. Whenever notice to qualified beneficiaries of a trust is required under this chapter, the trustee shall also give notice to any other beneficiary who has sent the trustee a request for notice.B. A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this chapter if the charitable organization, on the date of the charitable organization's qualification is being determined:1. Is a distributee or permissible distributee of trust income or principal;2. Would be a distributee or permissible distributee of trust income or principal upon the termination of the interests of other distributees or permissible distributees then receiving or eligible to receive distributions; or3. Would be a distributee or permissible distributee of trust income or principal if the trust terminated on that date.C. A person appointed to enforce a trust created for the care of an animal or another noncharitable purpose as provided in § 64.2-726 or 64.2-727 has the rights of a qualified beneficiary under this chapter.D. The Attorney General has the rights of a qualified beneficiary with respect to a charitable trust having its principal place of administration in the Commonwealth but need not be given notices or information required under §§ 64.2-758 and 64.2-775 unless otherwise requested.2005, c. 935, § 55-541.10; 2012, c. 614.Amended by Acts 2012, c. 614.Amended by Acts 2005, c. 935, § 55-541.10.